Guide Complete Set of Residential Architectural Drawings PDF
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Cequity Solution For Lapsation
1. Our analytics services include:
CEQUITY BIZACTION - Modelling Services
Insight2Action Acquisition Insight2Action Value-build Insight2Action Retention
Models Models Models
Prospect Modeling and Cross-Sell/Up-Sell Analytics Churn Prediction
Scoring Lead Scoring and Lifecycle Profiling Attrition Models
Enhancement Optimal Contact Response/Conversion Modeling
Strategy Development Portfolio CLTV Modeling Segmentation
Analysis Models
About Cequity
Customer Equity Solutions (Cequity) Pvt. Ltd. is an IT-enabled Customer
Experience Management Company which will help enterprises improve marketing
performance and accelerates customer relationships.
We help enterprises by combining data, technology and services to build
actionable analytical marketing frameworks, optimize marketing performance and
accelerate real-time customer engagement. Thereby, enabling greater ROI on their
marketing technology investments. Cequity brings a blended perspective which
allows companies to bring the power of Marketing autoation technology to business
problems. Our services include:
âŸï Customer Management Consulting âŸï Marketing Operations and
âŸï Managed Analytics Measurement Services
âŸï Marketing Database Solutions âŸï Event Driven Marketing Services
âŸï Managed Campaign Management
Services H e l p i n g In s u r a n c e c o m p a n i e s re d u c e âL a p s a t i o n â
Contact us: an d th e r e f o r e im p r o v e Cu s t o m e r Val u e !
Customer Equity Solutions Pvt. Ltd.
INDIA USA Solution Overview
Mumbai Office: Chicago Office:
105-106, 1st Floor, Anand Estate, 626, Grove Street,
189-A, Sane Guruji Marg, Mahalaxmi, Evantson, IL 60201 Lapsation of insurance covers has become a growing concern for insurance
Mumbai-400 011, India companies the world over. Changing lifestyles, the era of pink slips, mis-selling of
Phone: +91 22 23000133 / 23054039
risk covers, creation of artificial demand, changes in socio-economic factors like
Fax: +91 22 23053809
childrenâs education and rising medical expenses, all contribute to high Lapsation
Website: www.cequitysolutions.com Email: info@cequitysolutions.com rates that can vary between 20 to 30 per cent.
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Even private players, who commenced operations only in the last couple of years,
have Lapsation ratios of well over five to 10 per cent. The concern triggers from
the high cost of acquiring a policy - 40 per cent of premium collection goes into
agency commission in the first year and five per cent annually thereafter.
The financial impact of Lapsation is severe as it adversely affects the policy
holder, the company, the agent & the industry in terms of forfeiture of premiums
paid, cost of acquisition not fully recovered, loss of renewal commissions and
wastage of scarce resources.
By partnering with Cequity,
Insurance companies can
enable Integration of business
intelligence and information to
drive Insurance Analytics and
Marketing Initiatives.
We believe that the only way to
make âAnalyticsâ more actionable
is to drive a lot of âbusiness
insightâ into the modeling
processes. Analytics is in fact not
about âstatisticsâ but really about
the experience & ability of the
practitioners to make the âdata talkâ.
Looking for customer insights & making the âdata talkâ!
We believe that we can help Insurance companies get answers to the
following questions:
⟠Why are my customers attiring after a certain time? What drives the attrition?
ï ï Is attrition high because of a particular sales force or
specific geography?
ï ï Are customers switching loyalty because of factors related to
premium, after sales service, etc?
âŸï Can I predict the likely attrition of a customer?
âŸï Can I develop a retention strategy?
âŸï How do we bundle Products/Services to maximize sale and reduce Lapsation?
âŸï How do we retain the highly profitable customers from Lapsation? âŸï How I can
win back my lost customers?
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3. Cequityâs powerful new Analytical approach:
Cequity works with Insurance companies to develop Proactive Retention
Strategies to Prevent Lapsation. This we do by bringing our proprietary
Actionable Analyticsâą methodology which allows strong business insight
to drive the analytical process.
There exist a variety of techniques with which data can be analyzed and
Lapsation prediction solutions can be constructed in many ways. Cequity has
developed extensive experience around a very different analytical method called
âSurvival analysisâ. This technique allows the analyst to spot the âtime sensitiveâ
variables. Using this technique, Analysts are able to see that different variables
can potentially impact Lapsation in different ways at different points of time.
Our Services
CEQUITYâS services are powered with deep domain expertise and process
excellence by adding Intelligence to Information. Our Insurance Analytics
consultants are capable of generating effective solutions to your business
problems and quickly provide you with a competitive price and turn-around time.
Choose from a wide array of reports covering demographic trends, consumer
spending potential, business profiles, consumer segmentation, activity volumes
and more.
Our Analytical Consultants are qualified to provide deep insights by objectively
analyzing vast amount of customer transactional lifestyle and secondary data
to help make quick business impact. Our consultants have rich experience in
key verticals like: financial services, insurance, mortgage, retail, travel, entertainment
& telecommunications.
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